Mariya and Majid are married. Majid is employed and has employment income of £35500 p.a. Mariya works only on Fridays and has an employment income of £3000. Mariya makes an election to transfer the marriage allowance to Majid. Calculate the tax liabilities for Mariya and Majid for 2020-2021

Mariya and Majid are married. Majid is employed and has employment income of £35500 p.a. Mariya works only on Fridays and has an employment income of £3000. Mariya makes an election to transfer the marriage allowance to Majid. Calculate the tax liabilities for Mariya and Majid for 2020-2021

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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